A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable
South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.
Cameroon
Central African countries to ditch French colonial currency
The move follows widespread calls for a change of currency and to end French representation in key decision-making bodies
Cardano-focused Adaverse invests in Cameroon-based crypto company Ejara
The platform helps French-speaking Africans access crypto saving, investment and cross-border payments.
September 2022 inflation report: Food prices have become Africa’s main inflation driver
At least 16 countries on the continent reported inflation rates higher than 10% in Sept. Zimbabwe's inflation rate slowed from 285% in Aug. to 280.4% in Sept.